Goldman's Latest Batch Of Managing Directors

Presented without Commentary

Benny Adler	George Dramitinos	Anita K. Kerr	Stephen J. Nundy	Andrew Tilton
Osama A. Al Ayoub	Orla Dunne	Scott Kerrigan	Michael Ogrinz	Frank T. Tota
Bruce A. Albert	Karey D. Dye	Michael Kirch	Jernej Omahen	Gautam Trivedi
Umit Alptuna	Sarel Eldor	Marie Louise Kirk	Daniel S. Oneglia	Hiroshi Ueki
Jesper R. Andersen	Sanja Erceg	Caroline V. Kitidis	Andrew J. Orekar	Umida Umarbekova
Matthew T. Arnold	Alexander E. Evis	Katharina Koenig	Anna Ostrovsky	Naohide Une
Yusuke Asai	Robert A. Falzon	Maxim Kolodkin	Marco Pagliara	Fernando P. Vallada
Divyata Ashiya	Simon J. Fennell	Matthew E. Korenberg	Uberto Palomba	Samuel Villegas
Taraneh Azad	Danielle Ferreira	Tatiana A. Kotchoubey	Gena Palumbo	Brian C. Vincent
Jeffrey M. Bacidore	John Kelly Flynn	Anshul Krishan	Thomas J. Pearce	Christian von Schimmelmann
Jeffrey Bahl	Una I. Fogarty	Dennis M. Lafferty	David Perez	Peadar Ward
Jeremy C. Baker	Brian Foran	Raymond Lam	Jonathan E. Perry	Hideharu Watanabe
Vishal Bakshi	Allan W. Forrest	Gregor A. Lanz	Gerald J. Peterson	Scott C. Watson
Doron N. Barness	Mark Freeman	John V. Lanza	Julien D. Petit	Martin Weber
Tom Bauwens	Boris Funke	Solenn Le Floch	Charlotte L. Pissaridou	Gregory F. Werd
David C. Bear	Udhay Furtado	Craig A. Lee	David S. Plutzer	Ronnie A. Wexler
Deborah Beckmann	Jian Mei Gan	Rose S. Lee	Ian E. Pollington	David A. Whitehead
Gary K. Beggerow	Simon F. Gee	Jose Pedro Leite da Costa	Karen D. Pontious	David Whitmore
Andrea Berni	Tanvir S. Ghani	Allison R. Liff	Alexander E. Potter	Petter V. Wiberg
Roop Bhullar	Mark E. Giancola	Luca M. Lombardi	Jonathan A. Prather	Mark Wienkes
Christopher W. Bischoff	Jeremy Glick	Joseph W. Long	Melvyn Pun	David Williams
Andrew G.P. Bishop	Cyril J. Goddeeris	Todd D. Lopez	Mohan Rajasooria	Julian Wills
John D. Blondel	Robert A. Gold	Galia V. Loya	Alberto Ramos	Troy D. Wilson
Jeffrey J. Blumberg	Brian S. Goldman	Michaela J. Ludbrook	Marko J. Ratesic	William Wong
Jill A. Borst	Stephen Goldman	August Lund	Sunder K. Reddy	Michael Woo
Peter Bradley	Jennifer E. Gordon	R. Thornton Lurie	Joanna Redgrave	Marius Wuergler
James W. Briggs	Koji Gotoda	Peter R. Lyneham	Horacio M. Robredo	Nick Yim
Heather L. Brownlie	Adam C. Graves	Gregory P. Lyons	Ryan E. Roderick	Koji Yoshikawa
Richard M. Buckingham	David Greely	Paget R. MacColl	Steven D. Rosenblum	Albert E. Youssef
Robert Buff	Benedict L. Green	Lisa S. Mantil	Anthony J. Russell	Alexei Zabudkin
Maxwell S. Bulk	Benjamin R. Green	Clifton C. Marriott	Matthew A. Salem	Filippo Zorzoli
Paul J. Burgess	Lars A. Gronning	Nicholas Marsh	Philip J. Salem	Adam J. Zotkow
Jonathan P. Bury	Heramb R. Hajarnavis	Daniel G. Martin	Gleb Sandmann
Kevin G. Byrne	Carey Baker Halio	Elizabeth G. Martin	Jason M. Savarese
Tracy A. Caliendo	Thomas V. Hansen	Nazar I. Massouh	Joshua S. Schiffrin
Thomas J. Carella	Christoph H. Hansmeyer	Courtney R. Mather	Adam Schlesinger
Jinsong Chen	Alexandre Harfouche	Jason L. Mathews	Rick Schonberg
Winston Cheng	Sandor M. Hau	Masaaki Matsuzawa	Johan F. Schulten
Doris Cheung	Michael J. Hayes	Alexander M. Mayer	Matthew W. Seager
Alina Chiew	Scott P. Hegstrom	John P. McLaughlin	Nancy Seah
Getty Chin	Edouard Hervey	Jean-Pascal Meyre	Oliver R.C. Sedgwick
Paul Christensen	David J. Hess	Claus Mikkelsen	Ned D. Segal
Andrew Chung	Susanna F. Hill	Arthur M. Miller	Rajat Sethi
Robert C. Cignarella	Timothy S. Hill	Tom Milligan	Margaret A. Shaughnessy
Alberto Cirillo	Taiichi Hoshino	Heather K. Miner	David Sismey
Nigel C. Cobb	Nigel E. How	Gregory P. Minson	Bryan Slotkin
Giorgio Cocini	Joseph B. Hudepohl	Shea B. Morenz	Timothy A. Smith
Nicola Colavito	Jeffrey J. Huffman	Hironobu Moriyama	Warren E. Smith
Shaun A. Collins	Till C. Hufnagel	Edward G. Morse	Thomas E. Speight
Martin A. Cosgrove	Hiroyuki Ito	Teodoro Moscoso	Russell W. Stern
Patricia A. Coughlin	Corey M. Jassem	Khalid M. Murgian	Joseph Stivaletti
Jason E. Cox	Ian A. Jensen-Humphreys	Caroline B. Mutter	Thomas Stolper
John R. Cubitt	Baoshan Jin*	Mana Nabeshima	Chandra K. Sunkara
Patrick C. Cunningham	Aynesh L. Johnson	Robert T. Naccarella	Kengo Taguchi
Canute H. Dalmasse	Eri Kakuta	Olga A. Naumovich	Boon-Kee Tan
Stephen J. DeAngelis	Takayuki Kasama	Brett J. Nelson	Kristi A. Tange
Rituraj Deb Nath	John D. Kast	Roger Ng	Jonathan E.A. ten Oever
Michele della Vigna	Michael C. Keats	Victor K. Ng	Hana Thalova
Amol Devani	Kevin G. Kelly	Matthew D. Nichols	David S. Thomas
Brian R. Doyle	Jane M. Kelsey	Jonathan J. Novak	Jonathan S. Thomas

h/t WSJ

Comments

[Maximilien Robe...]

...

[Anonymous]

And here is me thinking Birthing of Giant squids took place in Summer.
Climate change I can believe in.

[Careless Whisper]

my personal favorite:   Baoshan Jin*

*  =  steroids ???

[Lionhead]

Mine was "Benedict L. Green"  How quaint. Look for all these folks to be politicians after they are recycled out of Goldman to do God's work in national service.

[SilverIsKing]

With Edward G Morse on the team, they'll be able to secretly communicate with the Fed and Treasury.  These guys ARE smart.

[THE DORK OF CORK]

secrecy is so passe - lets embrace good honest corruption

[Rainman]

Ah yes......a newly hatched batch of future government leaders.

[Stevm30]

For my friends at Goldman (re: judgment day)

http://www.youtube.com/watch?v=H6_BWNzThJY

Careless fool – what are you going to know, careless fool what are you going to understand?

All along that day? So I ran to my friends, Please teach me!  I ran to my friends, Please teach me! 

But my friends cried out.  We don’t know!  But my friends cried out.  We don’t understand!

I said FRIENDS!  What’s the matter with you friends?  Don’t you see I need you, friends?

So I ran to my parents, they were clueless, I ran to my government, they knew nothing!

So I ran to my parents, they were clueless, I ran to my government, they knew nothing!

So I ran to the Truth, please TEACH ME truth!  Don’t you see me listening?  Don’t you see me down here wanting to learn?

But Truth said: “Keep your illusions!” Truth said  “Keep your illusions!” It said  “Keep your illusions!”   All along that day

So I hid in my illusions, They were false! So I hid in my illusions, They were false!

I cried POWER!  POWER TO THE TRUTH!!!  POWERx  Instrumental

Oh yeah, oh yeah…. So, I ran to my friends, they were lying!  I ran to my parents, they were lying!

I ran to my government, they were lying!  All along that day…

So I ran to the Truth.  I said “Truth teach me.  Please, teach me!  PLEASE I need to know something real!

All along that day… 

It said "child, where were you, when you outta been learning?”

I said "Truth, Truth hear me questioning, Truth, Truth, hear me listening. Truth, Truth, hear me trying!"

All along that day…

Simpleton, you outta be questioning!  outta be studying!  Simpleton, you outta be listening!

All long that day…

POWER, POWER TO THE TRUTH!

[rhinotrader]

Lucky fuckers

[faustian bargain]

Congrats to these fine achievers. You're doing a heck of a job.

[jedwards]

Thank you all for doing God's work

[chet]

An organization can never have too much management I always say.  Nothing says efficiency like layers upon layers of "directors."

[RobotTrader]

Sorry, out with the flu most of today.

Anyone see this new Goldman Managing Director on the tube yesterday?

She's in charge of doling out the $500 million to small businesses..

Can't remember her name.

But no doubt, nice face, stick arms like a supermodel, and ample-breasted...

Looks pretty juicy to me....

[Rainman]

Now there's a stunner, by God !!

Even if she couldn't run the cash register, I would hire her IMMEDIATELY.

[Careless Whisper]

She's in charge of doling out the $500 million to small businesses..

correction: doling out the $500 million (that's about 4% of the $13.9 Billion backdoor AIG loot) to community colleges to "educate" small businessmen/women and to community development organizations. i don't think any of it goes directly for loans.

read for yourself:

http://www2.goldmansachs.com/

and two of the other new managing directors were showing their true colors:

http://www.britishblogs.co.uk/images/530322.jpg

feel better Robo

[Rainman]

Damn....no loans. Just straight up giveaways.

I love her even more.

[Jeff Lebowski]

Isn't that Dina Powell (Habib)?

http://www.newyorksocialdiary.com/partypictures/2005/09_26_05/images/goldman/A00007_008.jpg

[Careless Whisper]

then this would be her husband:

http://www.burson-marsteller.com/About_Us/Global_Leadership/Lists/Leadership/DispForm.aspx?ID=29&nodeName=Global Leadership&SubTitle=Richard Powell

clients include; blackwater (yes that one), colombia, saudia arabia...

too many dots to connect on this one

[Cursive]

Robo,

Missed your daily EOD wrap, but not your post.  ;-)  Hope you get to feeling better soon.

[Rollerball]

And they wandered in from the city of ... 

http://www.youtube.com/watch?v=LyjkX6z4l2s&feature=related

When Black Friday comes ... 

http://www.youtube.com/watch?v=UVQKiqCZ9No&feature=response_watch

[Marley]

when you're smilin', the whole world smiles with you. So let's all be happy and try to smile while looking at this;

http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/

[Cursive]

Saw this yesterday on Denniger.  Very, very, very sad.

[Marley]

Another reason why I try not to buy "Made in China".

[ZeroPower]

I was fortunate enough to do a tour of China this summer (started in HK and Guangdong and made my way West to the Kazakh border then back East to Beijing) and i can tell you that, despite the gorgeous weather in almost every province and ZERO clouds - the sunlight is constantly drowned out by the fog.
While the first picture on your site seems a bit overdramatic (the Yellow River is yellow due to natural and not man-made purposes) the rest of the pictures are pretty bad. Besides smog and tons of factories in the urban cities, i cant say i saw much of what is in the photos but i assume it has to be there.
I was most surprised when i was in Lanzhou, which is a massive urban a city of about 3MM, and the Chinese call it a 'small town'.

[Anonymous]

What a bummer they're not getting a Christmas party this year.

[Anonymous]

WTF RobotTrader, that chick is busted.

Let's look at more pics of the chick from the Mauritian islands instead, mmkay?

[JohnKing]

They should probably be put on some sort of financial terrorist watch list.

[Anonymous]

That is Dina Powell. She heads their 10,000 Women Initiative. I guess GS figured LB was not the PR person to put out in front of the public, after all --- so mant disasters. If you listened to her she was reciting a carefully rehearsed speech. No ad libs. She was the head of personnell in the Bush Administration. Isn't she an interesting hire at GS?? All of those ex Bush staffers she brought to the White House, setting the stage (or continuing) the revolving door b/w GS and whatever Admin is in place.used to work in the Bush Administration

[RobotTrader]

Dina (Habib) Powell it is.

She's Egyptian.

How's that for some "foreign exotica"??

Wow....

[faustian bargain]

<shakes head, chuckling>

[Anonymous]

Here is some bullsh*t that happened to me today that shows the heads I lose tails they win scandalous activity that takes place daily. I am a professional trader, I am series 7 licensed, I trade my own capital and I clear through Goldman Sachs. I use their trading platform Redi Plus. I can chose to route my orders to multiple exchanges including NYSE, INET, ARCA, SIGMA and others.

The constant problem trading after hours is that there are programs that will front run your order by a penny and even by a tenth of a penny on cheap stocks. These programs will constantly update and jump in front of you if you raise your bid or offer ahead of them so its like a game of leap frog/chicken until you reach there limit. There used to be a nice edge providing liquidity after hours but these programs have killed it mostly. I found some ways to exploit the programs such as they will sometimes front run you right to the closing price. So if you need a hedge or a fill just go the other way and run them to where you want them and then hit them.

I found another way that seemed great to avoid the penny front runner and it worked perfectly. I started to do 99 share orders as the program only seen 100 share or more orders. So if I needed a 1000 shares I would do 10 orders at 99 shares each. I was able to do this for a week before Goldman shut off my trading activity and I had to agree to never do less than 100 share lots. This act coupled with the fact that the programs sometimes seemed to jump my order almost as fast as I updated my previous order, gave me a suspicion that it was Goldman traders front running me. I am still not sure.

About a week ago I was trying to sell some shares on Inet after hours of JOYG. There were no offers and I put in an order about .50 higher than the close. As always a program instantly bested my order by a penny. I updated and got in front of their order by a penny and they got back in front of me. I then had the thought what if I let them stay in front of me but I put a discretionary modifier on my order that I would be willing to sell the shares a nickel better than their offer. So I did this and waited. Sure enough some shares traded and the other party got the fill even though I was willing to sell the shares for cheaper. I then jumped on the phone with the not very knowledgeable RediPlus Techs to ask why I did not get the fill when I was clearly the NBO. The tech couldnt answer me and said he would call INET and call me back. He called back and told me that INETs rules state that the order gets executed to the best "standing order" which I was not. My thoughts were that this is not fair to the other side of the trade. That party is not getting the best available fill that he is entitled to and the tech agreed. So there is nothing we can do about it I said, and he said nope nothing.

Today I was trading after hours and I put in a bid on BIN to buy at 14.02 a few cents higher than the close. I used INET again because the programs seem to be more active in ARCA so my default is INET. I seen the price ticker print 200 shares at 14.04 and I got a partial fill of 100 shares at 14.02. I said wait a minute, I had the best bid where did these 200 shares in front of me come from. What are the chance a seller cam in at the same exact time a buyer stepped in at 14.04? Too far fetched, I am calling the invalid RediTechs to find out what happened. They agree I was the best bid and they need to call INET to find out what happened. I get a call back with this as the answer. INET allows some clients that pay them to put in non-displayed orders. I asked if I can do this via RediPlus and I was told only if I used Sigma but then I wouldnt get the fill anyway unless the order sender routed to Sigma first. Head I lose tails they win.

There is very little edge if any left in day trading. They want all the money and they are getting it. I guess Im going to have to become a stock picker or sell a trading system.

[Careless Whisper]

first thing is you should find a primary broker that doesn't clear through GoldSach. you may want to look at tradestation or lightspeed.

[Anonymous]

It comes as news to you that the computers can front-run your order? This has been happening for years. I used to play a game in the after hours market entering trades electronically at BB and BO, and without fail I became second best as my order entered, and when I cancelled, the BB or BO would go back to what it was before I entered. EVERY SINGLE TIME.

But of course this was just one of those odd 10-Sigma event coincidences which can be expected to occur every 10^56 +1 years or so. The markets are as fair as an Afghan election.

(Incidentally, for the pedants out there, the Universe has been estimated to be made up of a sum total of 10^56 atoms, which is only slightly less than the Goldman Sachs bonus pool this year.)

[overbet]

[overbet]

Tyler whats up with INET. I hear they are the worst on the street for this type of crap. 

[Anonymous]

wake up people --- dina powell worked as head of personnel for bush admin. before being recruited by gs to run their "do good" programmes. just keeping that door b/w GS and USG wide open, irrsepective of tha party in power

[Anonymous]

This is quite a list, adding to an already long list of existing partners. It represents an enormous amount of capital, which if added to what a Warren Buffett might be willing to toss is, might mean GS wants to escape the public eye by going private again.

Perhaps they are arrogant enough to believe even a privately held company can be TBTF, so long as one has spread a sufficient number of former partners---or future wannabe partners---in positions of authority.

[Cursive]

Robo's observation from CNBS aside, is it me or do these names sound like they belong to UGLY people?  BTW, did an anagram of "Goldman Sachs" at wordsmith.org and here's a sampling (remember, the anagram KNOWS your inner soul):

Calm Sandhogs

Clash And Smog

Clash Man Gods

Mach And Gloss

Cash Mad Longs

Clan Shams God

Clans Mad Hogs

Scam Had Longs

Scam Lash Dong

Scam Dash Long

Can Smash Gold

Glad Smash Con

[tom a taxpayer]

Surely, out of 272 people there should be at least 1% who have integrity and will not allow themselves to be bought off by Goldman Sachs.

"For what does it profit a man to gain the whole world, and forfeit his soul?"

Surely there is at least one of the 272 whose conscience bothers him or her. 

Surely there is at least one of the 272 who will take the short walk from 85 Broad Street to one of the conveniently located state or federal prosecutors located in lower Manhattan and do the right thing.

[Anonymous]

Do you remember in The Usual Suspects movie when Kevin Spacey ask Chazz Palminteri , "How do you shoot the devil in the back, what if you miss."

[Anonymous]

Anita Kerr? As in the Anita Kerr Singers who used to sing back-up for Ray Charles in the 60's? No way.

[Bob]

"Not a bad way to make sure 272 people are not going to bail to a "soon to IPO" Citadel."

Not a bad way to keep 272 potential whistleblowers quiet, either.  Not to mention the many others situated lower in the organization who will be encouraged to dream that they will be next if they just continue to play by "the rules."

[Anonymous]

Agree totally.

The devil is in the detail. Who are these 272 people? How many are from Credit and Legal? How many are running the Alpha side of the business? How many are IBD types? And how many are from the program trading/HFT/Sigma group?

Partners are always a reflection of which units are making the most money(stay & play partnership), which units are losing the most(hush money so no one finds out about GSs regular internal blow-ups) and then a few characters, thrown in to give the rest of the foodchain hope.

Suckers, do the math folks.

The partners get north of $5-8m, with real Alpha juicing $40/50m even $100m (any desks making the market in CDS this year, the players are expecting min $20m and most importantly the very helpful team working with AIG reprobates to unwind positions this last 12mths are the in-house kings). Then there's the MDs who will even in cost centers get a min of $1m and typically range is $1-3m and up to $5m(cant pay them more then a partner).

So by now that $700k average across employees, has halved, because 500 new+old partners walked away with $3-5bn, and 1,200 old+new MDs typically receive the same amount(just between more of them). about 5-6% of workforce.

25% of GS people are VPs/EVPs, 40% are Associates and at the bottom of the food chain are the analysts. So yes, we have a very flat structure here, but its a "blackswan-esque" payout system.